Find the simple interest on Rs. 11400 for 2 years at 9% per annum.
- A. Rs. 1796
- B. Rs. 2052 ✓
- C. Rs. 1551
- D. Rs. 2511
Correct answer
B. Rs. 2052
Explanation
SI = (P x R x T)/100 = (11400 x 9 x 2)/100 = Rs. 2052.
B. Rs. 2052
SI = (P x R x T)/100 = (11400 x 9 x 2)/100 = Rs. 2052.